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Fed sticks with forecast of two interest-rate cuts this year despite new inflation worries
The Federal Reserve on Wednesday stuck to its forecast of two interest-rate cuts in 2025 despite seeing a burst of inflation coming in the next few months as a result of higher tariffs. In an updated ...
Did the Fed cut rates Wednesday? No, but here's when they might
Interest rates for credit cards to mortgages have jumped since the Fed began fighting inflation in 2022. Here's where experts ...
Core inflation rate rose to 2.7% in May, more than expected, Fed's preferred gauge shows
The PCE price index was projected to rise 0.1% in May, with the annual inflation rate at 2.3%, according to the Dow Jones ...
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July Mortgage Outlook: A Rate Drop, or More of the Same?
The Mortgage Bankers Association predicts that mortgage rates won't change much over the next three months. The trade ...
Fed sees its preferred inflation gauge topping 3% this year, higher than previous forecast
FOMC officials expect the core personal consumption expenditures price index, which excludes food and energy, to increase at a 3.1% rate in 2025.
Fed holds interest rate steady for fourth time in a row
President Donald Trump has pushed for the Federal Reserve to lower interest rates by “a full point” in order to juice the economy as inflation hovers close to its target level. But Fed Chair Jerome ...